Court Finds No Penalty for Technical Breach in TDS Returns Due to Reasonable Cause u/s 273B. https://www.taxtmi.com/highlights?id=14026 Failure to obtain PAN and Quote PAN of deductees as provided u/s 139-A(5B) - TDS returns / certificates - Penalty u/s 272B - Relied u/s 273B - There is no revenue loss and mere technical breach, clearly satisfies the test of reasonable cause under section 273B of the Act - HC en-us Thu, 22 Aug 2013 09:55:40 +0530 Thu, 22 Aug 2013 09:55:40 +0530 TaxTMI RSS Generator Court Finds No Penalty for Technical Breach in TDS Returns Due to Reasonable Cause u/s 273B. https://www.taxtmi.com/highlights?id=14026 Failure to obtain PAN and Quote PAN of deductees as provided u/s 139-A(5B) - TDS returns / certificates - Penalty u/s 272B - Relied u/s 273B - There is no revenue loss and mere technical breach, clearly satisfies the test of reasonable cause under section 273B of the Act - HC Highlights Income Tax Thu, 22 Aug 2013 09:55:40 +0530 https://www.taxtmi.com/highlights?id=14026